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<br /> �('� .a � fV SJV�� '.}`�.�.
<br /> . � .}�� tion of Lender.if mortgage'i�w'aace coverage tin the amount and for the pedod �
<br /> � ;�:..d PaY���Y:t�o Longet be required.at the aP roved by i�ndu$gain beoomes available and is obtaimed. Borrower s1ta11 pay -•._°;,_�.
<br /> ttiat Leader r�ir�)P��by ua insurec aDP irement for mortgage
<br /> �� °y;t'L.� ired to maintain mortgaSc�nsurance in effect.or to provide a toss rescrve.until the�i r� .
<br /> ' K �p��� ment batween Eor�+oweT and l.ender or applicabte 13�v.
<br /> . .. insurance eads in acoordauce witb any written agree ons of the PropertY.i.ender shW!give ; �r..
<br /> ' 9.lnspx�toa. Lender ar its agent mal'make reasonnble ertries upen and inspecti _,
<br /> ;r masonable cause for the insPectioa. � _
<br /> �.� � Bormwer natiue at We time of or paar to aa insQectio�os�� for damaSes•direct or consequential. irt rnnneccion with any
<br /> .,:.•:...: �.°• ;•�� 10.Condamaat�on. '1rie Pr°°�ds°f any
<br /> ._:,''t?'.
<br /> `•,... -�� . of of the Property+.or for conveyance in lieu of oandemnation.are hereby assigaed end `4:
<br /> ... condemnation or oth�r taking am+P� er
<br /> :... �' y� sha116e paid to l.cad�r. � �ii be applied to the suias secuted by this Sec�uity lastrumea�., _ _„-
<br /> . ����..'� ' In the event of a rota!takui�of the Pr+a�etry• pro� of the Property in which the fair �:v-_;
<br /> . wh�her or�cot then due.with aN+ea��Paid to Borrower. ln the event of a pastial taking
<br /> �vat¢e of the Property immediately befote the taking is equal to or gc�ater than the amovnt of the sums sewted bY this _ -_
<br /> 1 be fore t h e t a 4 c i a g.u n less Borrower and Irender otUerwise agree in writing.the sums seaued bY
<br /> . . • g�wity Insaumeni i m a�d i a t e Y of ihe pmceeds multiplied by the foilowing f r a c t ion: (a)t h e t o t a l
<br /> •, ;., .% this�uitY Insuume� s6ali be red¢oed by the amnunt divided by(b)the fair tna�ket valne of the Prope�ty imnt�d'►ately ',.,.`,'�`<
<br /> . aiuouat of the sums seaued imm8diatelY 8efore the takiag, ��g of the PropertY in w6ich the fair -
<br /> . �,�..�•�� �"'.` befor�the tatang. Airy 6alance stiaU be paid w Borrower. In[he event of a parti befon ti►e -:
<br /> � ma�et value of the Propetty immediatelY before the taging is less th.w the amount of the sua�secuied imm�dia�elY � � r_
<br /> : . talring.unl�Bormwer s�c d l�e n d e r o t h e t w i s e a g�i n w ri an g or antess a p plicahte�law otherarise pmvides,ttie proceeds shall -Y.,
<br /> "' '� be appUed to the suras secaied bY dus Secvrity[astrument whe.ther or not the snms aie then due.
<br /> u abandon�d bY Bormwer.or if.aRer notice by I�ader to Borrower tt�at the condemuor of�'ers to make an , �
<br /> " . _ If the P[opertY� Bormwer fatis to resPond to i�ender within 30 days after the date ihe notioe is given, -_ ,
<br /> � award or settte a claim for damages. or to the sums ti
<br /> 1 die roceeds..at its aPtion.either to restoration or re,pair of the PiropertY '
<br /> . �. - . Lender is authorized to colled ana aPp Y P -,"-
<br /> . whethes or n�t then due. or �'- -
<br /> : .' .` secured bY tlus Sec�uiry Instrwue°� in ariting. anY aAPtic�ioa of pmcee�s w principal sdall not extend �;:
<br /> � � �. Unless l.eader and Bomuwer othe�wise agiee
<br /> aie � �
<br /> �_`` rns referre�to ia paragraphs I and Z or diang�the amauat of such PaYme��- , '
<br /> • postgone the dae date of the momhlY PaY� �Nat a Waivcr.Extension of the tune for payine.nt ot mod�fr�oA �`
<br /> P' -
<br /> � .� ;.�•..'• � 11.Borea�ser Not Reieas�d:IForhearanse BY �by Lender to ury sucaessor in iaterest of Bormwer shall
<br /> '`'`�':- 'on of the sams ses�ued b7+tUis Se�j�Y lnstnuneni Srant . [.eader r�all not be teqaiced to �::-= T.
<br /> � "::,�i"�` . �f operatE to t+elease the liability of ttte origina1 Bomuwer or Bomawec's saocessors ia interest � _
<br /> „��',,,:,•�` � not to extend tiu►e for payment or otLetwise modifY aato� '�'._
<br />- - . - . �` oommence Pmca�u&5 aga�nst�►Y suooessor in interat ar iefuse
<br /> '�,"�°..,M�� Inst�umeut by ceason of atry demand made by the original Bosaarer or Bmrower's
<br /> � - -� ' � of the siuns secured isY this Sewr't3► F _-
<br /> �.•,: ri or reucedy sLaU nat be a wti�er of or precWde the �_
<br /> � sacces�ors in inierest.Any forhearance bY Lender in exe�sising anY g� �,=�...�
<br /> . ;_.;,.;`.��• exercise of atry right or remed3+• Bo ao�c�a seo�r�,m�y;Co�f�tges-'fhe oovamnts and agre�meaLs of this _
<br /> 12. Suooessnis and A�#ga4 �+ of�,�ader and Borrower. snbject to the pmvisioas of �—
<br /> �� ; Seauiry Instru�meni s6all tiu�d and beaefit the s�uccessots and assi�ns ttds Secarity °.
<br /> . . h 17. Borrower's oovenants and a�neeme°ts s6a11 be louR and s�rxal. My Borrower who ro-si��rvey d�at
<br /> .:.�i � ' Ins�u�ment but does not execute the Note:(a)is co-siguing this Sec�uity I�rument only w murtga8e.gram � --
<br /> _ .r:`;. � ` -
<br /> �.�- under the terms af this Secwity Insvamen�(b)is not pe�sonally obligated to paY the sums _.._
<br /> • :'k�r,:. • Borrower's interest in the ProFertY to extend.modify,forbear or
<br /> •,••`� ..,�: '.., secaced by this SecuritY lasuament:and(c)agrees that I.ender and anY other Bomower may ag�+ee -
<br /> �,.�t.,�..... ,•
<br /> �. �.c;• � make nny acoommodations with regard to the terms of this Security Iasw'����Na aw hich sets maxiumm loan cha:ges.
<br /> .'� '� . 13.Loan Cha�ges.If the taan secused bg dYis Sesarity Instrum
<br /> • • ��;'';•, '.. and that law is finaliy i�erpreted so that We i.r:�rest or other toan charSes coue�ted or to be collectsd�to radu�the charSe �.
<br /> � ��; ; ` toa�exoeed the peimiued limits.then:(a)anY sucb laan chat�e shaU be reduced by the amount necessary �
<br /> - �',. ... • � .
<br /> co tl�a:permitt e d limit:and(b)any sums already coll��Boaower which eaoeeded Perm�tted limits will be refunded to --
<br /> . .f• .� � Hurnrwer. Leader may choose to make this refund by re�Tuiing the principal owed under the Note o a b Y ��thout a�ny .
<br /> , '',��. : .. � �j�txent to Borcower. If a refund reduces principat. the reducdon �vili.E�e treated as a partial Fr�R Y� . _ .
<br /> - . � pc�aq-anent charge uader the Note. ' _.
<br />-- �''�` . • ��.Ho�.pAy rtoti�e w gvcrower provided for in thls Secvrity In'suument shall tre given by delivering it or by mailing ,
<br /> . ',. � -
<br /> �,. .��. -
<br /> ,� , it try first c1ass mail unless appli�ble law requires use of amurher method.'i�e nouce s�ll be dir�ect�to the ProPPm1�d� _- -
<br /> � • or any Athes address Borrower designates by no@ce��+eiide'. Any by srorice to Boaower�My uotice p�ed for�this� � '..
<br /> ' � ' L e n der's a d d r e s s s t a t e d h e r e i n o r a n y o t h e r z,d d r e s s 8�� � ��.
<br /> � Sewriry insuument sha11 be deemed w have been given to Borrower or l.ender wh��+v��pro�����h. �'"_�-
<br /> ��y� �,�ity. 7�is Security, Iastturaent shall be govetned by federal law and the law of the a_�
<br /> . .; ;, :: � I5.Governing rovision or clause of this Security Taswment or the Note ;�_
<br /> ; . . jurlsdiction in whicb the PropertY is located. In the eveut th�anY P -
<br />_ conflicts with appficabie law.such conflict shaU not affect other provisions of this Security lnsuument ar the Note which caa be
<br /> �...1 �ven effect'withont the oonflicting Provision.To this end the provisions of this Seauity lnsuument and the Note are declared °' �:
<br /> . ,:' . . �.:..,
<br /> to be severable. of the Note aad of this Sewrity lnsuument-
<br /> _ �- � . 16.BormR'e�s Copy.Barrower shall be given oae oonfomied copy �g� 8�90 �.
<br /> _ _� : �'-
<br /> . . . ve�►ame -
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